Due date for filing of form GSTR-3B for the month of Jan 2019 has been extended to 22nd Feb. All taxpayers would file return in FORM GSTR-3B along with payment of tax by 20th of the succeeding month # Taxpayers with annual aggregate turnover upto Rs. 1.5 crore need to file GSTR-1 on quarterly basis by 11th of succeeding months from the end of quarter. Other taxpayer required to file GSTR-1 by 11th of succeeding month. Composition dealers are required to file GSTR-4 by 18th of next month from the end of quarter #

Sales return

Posted By Akhil Agarwal on Friday , Jul 14 , 2017 at 15:35:53 PM

Sir,
How can we issue credit note to customer who is unregistered and cllaim credit.it is easy to adjust with registered dealer but in case of retail sale it is not possible.
And if i issue credit note than how i will prove A.O that a particular sales is sale return

JOB WORK ON GARMENTS

Posted By BINEET AGARWAL on Thursday , Jul 13 , 2017 at 23:07:49 PM

Sir, I am engaged in the manufacture of readymade Salwar suits wherein all processes are outsourced on job work basis. In gist, fabric purchased are sent for dye. The dyed fabric is then issued for at least 2 stages and nature of embroidery, which is finally given to tailor for stitching. The confusion is as follows;
Recently, GST council Recently revised job work rates on Textile yarns and textile fabrics from 18 to 5 %.
We are confused because we issue textile fabric only for different processes. Once the garment is ready, no jobwork is done and hence what should be the Gst rate for job work on this ?
Please guide.

DIFFERENCE IN RATES

TREATMENT OF ADVANCES LYING ON APPOINTED DATE

Posted By PRADEEP GOEL on Thursday , Jun 15 , 2017 at 12:47:52 PM

1 GST WILL B ATTRACTED ON ADVANCES RECEIVED . WHAT ABOUT OLD ADVANCES LYING IN BOOKS OF A/CS AS ON 01.07.2017
2. IS IT MANDATORY TO ISSUE INVOICES THROUGH COMPUTERS, OR HAND MADE INVOICES WITH ALL NECESSARY DETAILS WILL SERVE THE PURPOSE

Important for registeration

Posted By Akhil Agarwal on Wednesday , Jun 14 , 2017 at 17:11:50 PM

Sir,I am not yed registered in Sales Tax , VAT, Service tax, Excise duty and my turnover is above 1cr. i deal in medicine so should i register for GST Today and if i am not able to then what are the procedures.Thank You

Doubt on Concurrent Dual GST Model

It is understood that both CGST and SGST will be levied and collected by Centre and the States respectively on the same set of goods and services and on the same set of tax payers ( assessees). How will it be ensured that action relating to short -levy/evasion detected by say Centre with respect to CGST will also be similarly taken by the respective individual States with respect to the SGST, and vice - versa. Further, what would be the procedure for harmonious approach in issuance of demand/show cause notice and follow- up adjudication and appeal?

Taxation and credit related issue

Posted By SHIVAM TIBREWAL on Thursday , Jun 08 , 2017 at 14:50:13 PM

It is said that Petroleum and its Products and Alcohol will remain outside the ambit of GST. Although Tobacco & Cigarettes will be within GST ambit, separate Central excise and State VAT, in addition to the GST, will also be imposed on these items. How will the credit chain/set off work when these goods travel in its journey from GST to Central Excise/State VAT regime and vice - versa? How will one implement parallel systems of taxation viz GST, Central Excise, State VAT, State Excise and CV duty in Customs, and still manage the transfer of credit.